Case Study: Starting Off Right

Case:

Start-up securities firm with multiple locations in the U.S. 35 employees, no assets.

Facts

With no retirement plan, this small start-up was looking to establish a 401(k) plan for its employees. Since this was a securities firm, the CFO did not want to be limited to a proprietary group of mutual funds. In addition, the firm’s partners wanted to buy individual equities.

Solution:

PlanPerfect designed a plan that gave this firm access to the entire mutual fund marketplace, with no front-load or back-load (commission) charges. Further serving this firm’s financial objectives, we also offered the ability to buy individual stocks and bonds through a brokerage account window at Charles Schwab and Co.

Click here to read about how open architecture can enhance your company’s retirement objectives.